Oil Prices
-
June 05,2023Oil prices were up $1 a barrel on Monday after top global exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July, counteracting the macroeconomic headwinds... -
May 19,2023Oil prices rebounded on Friday from losses of more than 1% the previous day, as investors turned cautiously optimistic over the fading risk of a US debt default.
-
May 16,2023Weeks of declining oil prices due to concerns over a possible recession clash with the outlook for scarce supply and robust demand later in the year, the International Energy Agency said on Tuesday...
-
February 05,2020Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic...
-
October 12,2019Rates to charter oil tankers from the Persian Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the...
-
February 13,2019Iran's heavy crude oil gained $1.45 or 2.6% per barrel in January compared to December when it was traded at $54.84 per barrel. Iran Heavy, one of the country's main grades for export, settled at...
-
December 25,2018Oil prices plunged more than 6% to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.
-
December 04,2018Oil prices will plummet to $40 a barrel unless OPEC and its allies cut output significantly, and the group is unlikely to succeed in reviving the market, a senior Iranian oil official said.
-
November 27,2018Oil prices fell on Tuesday, depressed by record Saudi production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week.
-
November 16,2018Oil prices rose on Friday amid expectations of supply cuts from OPEC.
-
November 16,2018President Vladimir Putin said he discussed the price of oil with US counterpart Donald Trump when they met in Paris briefly on Sunday, adding that Russia is happy with current prices.
-
November 02,2018Oil prices seesawed on Friday as markets were lifted by hopes the United States and China may resolve their trade disputes soon, before being weighed down by a report Washington had granted several...
-
December 11,2017Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year
-
November 12,2016Iran's crude oil futures traded $47.30 per barrel in October, up more than 14% from the...
-
November 09,2016Oil reversed early losses of almost 4% to trade above $46 a barrel on Wednesday, as the...
